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Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 1,720,616 $ 1,035,925
Grant funds receivable 25,014 266,248
Prepaid expenses and other current assets 48,262 42,301
Total current assets 1,793,892 1,344,474
Property and equipment, net of accumulated depreciation and amortization of $474,956 and $429,804 at September 30, 2013 and December 31, 2012, respectively 143,936 102,486
Other assets:    
Licenses, net of accumulated amortization of $236,355 and $228,856 at September 30, 2013 and December 31, 2012, respectively 12,500 20,000
Deposits and other assets 11,010 11,010
Total other assets 23,510 31,010
Total assets 1,961,338 1,477,970
Current liabilities:    
Accounts payable 85,291 163,788
Accrued expenses 120,014 33,877
Amounts payable to Emory University (a related party) 20,225 129,370
Total current liabilities 225,530 327,035
Commitments (Note 4)      
Stockholders’ equity:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized; Series A Convertible Preferred Stock, $1,000 stated value; 788 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively 312,196 312,196
Common stock, $0.001 par value, 75,000,000 shares authorized; 21,666,610 and 18,733,277 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively 21,667 18,733
Additional paid-in capital 27,582,316 25,587,148
Deficit accumulated during the development stage (26,180,371) (24,767,142)
Total stockholders’ equity 1,735,808 1,150,935
Total liabilities and stockholders’ equity $ 1,961,338 $ 1,477,970